Retail traders are buoying the stock market, but support could prove fleeting: analysts

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Net inflows into U.S. equities by retail investors continued to climb over the past week, but data analysts said the pace of purchasing could easily slide if...

Net inflows into U.S. equities by retail investors continued to climb over the past week as the stock market started the new year in a buoyant mood, but data analysts at Vanda Research said the pace of purchasing could easily slide if bullish momentum stalls.

The table below shows ETFs are currently experiencing the biggest flow divergences since 2022. “The three bottom ETFs are the last two years’ more popular vehicles,” said analysts, while the biggest gainers, such as Direxion Daily Semiconductor 3X Bear SOXS , have a defensive tilt to them. “[Tesla] stock remains a bellwether of overall retail sentiment/health, in our view,” Iachini said. “Retail investors are buying the EV-maker’s shares at one of the widest margins relative to their history and other securities.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Retail sales continued to fall in December as shoppers battled inflation | CNN BusinessUS retail sales continued to fall in December, dropping by 1.1% amid high inflation Biden Recession! مسولین ج ا نه کشورمان. مهسا_امینی اعتصابات_سراسری IRGCterrorists WomanLifeFreedom It's not inflation, company's are charging more because they figured out during covid they could. Now, it's coming back on them, but not severely enough. Hold the retail line.
Source: cnnbrk - 🏆 393. / 55 Read more »

Stock Market News Today: Dow Loses Over 600 Points On Inflation, Retail DataThe Dow dropped more than 600 points as new data raised concerns about economic growth. Treasury yields fell sharply. I thought too much growth was the problem last year 🤔 Democrats destroying our economy 😢 dow jones is over inflated balloon
Source: WSJ - 🏆 98. / 63 Read more »